This chemical is primarily used in pharmaceutical research and development as a key intermediate in the synthesis of various biologically active compounds. Its structure makes it valuable for creating molecules with potential therapeutic properties, particularly in the field of anticancer and antimicrobial agents. Researchers utilize it to design and test new drugs that target specific cellular pathways or enzymes. Additionally, it serves as a building block in organic synthesis for producing complex heterocyclic compounds, which are often explored for their medicinal applications. Its role in drug discovery highlights its significance in advancing new treatments for diseases.